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Day-One Holder Average Cost

Overview

Day-One Holder Average Cost calculates the weighted average acquisition price specifically for addresses that first transacted with the token on its initial day of Uniswap DEX trading. This metric provides insights into early adopter behavior and tracks the cost basis of the original community members.

Definition

This indicator is calculated by: 1. Identifying all addresses that conducted their first token transaction on the token's first day of Uniswap trading 2. Determining the weighted average acquisition price of tokens currently held by these early addresses 3. Weighting based on the token quantity held by each qualifying address

Significance

  • Early Adopter Sentiment: Reveals the cost basis of the original token community
  • Project Genesis Insights: Provides context about the token's distribution from day one
  • OG Holder Behavior: Tracks the investment patterns of the earliest participants
  • Historical Support Level: Identifies price thresholds significant to foundational holders

Interpretation

  • Stability Over Time: Minimal changes suggest strong conviction among early adopters
  • Increasing Value: Indicates early holders are continuing to accumulate at higher prices
  • Decreasing Value: May suggest distribution or profit-taking by early adopters
  • Comparison with Current Price: Shows profitability status of early community members

Analysis Applications

  • Long-term Holder Analysis: Focus specifically on the earliest market participants
  • Project Loyalty Assessment: Gauge continued commitment from original supporters
  • Foundation Strength Evaluation: Understand the stability of the project's original holder base
  • Historical Context: Provide perspective on the token's journey since its DEX debut

Considerations

  • Some early addresses may no longer be active but still hold tokens
  • First day trading often experiences high volatility, potentially skewing the average cost
  • Exchange wallets active on day one may represent many users but appear as single entities
  • Project team and early investor wallets are likely included in this cohort

Parameters

This indicator uses the base parameters for time range and resolution settings.